NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI)

The NEOS Enhanced Income 20+ Year Treasury Bond ETF is an actively managed fund from NEOS Investments that seeks monthly income from long-duration U.S. Treasury exposure. It holds ETFs that invest in Treasury bonds with maturities of 20 years or more.

To enhance income, the fund implements an options strategy on long-term Treasury ETFs, selling call options to collect premiums, which limits some of the upside from falling interest rates. NEOS also aims to manage the options positions in a tax-efficient manner. NEOS Investments is an ETF issuer focused on options-based income strategies.